Construction Update

131-141 East 47th Street’s Façade Nears Pinnacle in Midtown East, Manhattan

Façade installation is moving along on 131-141 East 47th Street, a 34-story residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Hopson Development Holdings, the 500-foot-tall structure will yield 191 condominium units in studio to two-bedroom layouts, as well as 5,000 square feet of ground-floor retail space. Structure Tech New York and Cauldwell Wingate are in charge of constructing the tower, which is located between Lexington and Third Avenues.

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Rendering of 295 Fifth Avenue with its new rooftop penthouse

Developers Complete 34,000-Square-Foot Penthouse Addition at 295 Fifth Avenue in Midtown, Manhattan

Construction is complete on a new two-story penthouse space atop 295 Fifth Avenue, a 16-story commercial building in Midtown South, Manhattan. Designed by Studios Architecture and developed by Tribeca Investment Group, PGIM Real Estate, and Meadow Partners, the 34,000-square-foot space will contain modern light-filled workspaces and multiple wraparound terraces with sweeping views of the Midtown skyline.

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Excavation Underway for 33-Story Tower at 1299 Third Avenue on Manhattan’s Upper East Side

Excavation work is underway at 1299 Third Avenue, the site of a 33-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Elad Group, which purchased the plot for $61 million in April, the 420-foot-tall structure will yield 47 units. Press Builders is the general contractor for the property, which is located between East 74th and East 75th Streets.

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West End Labs’ Office and Laboratory Conversion Nears Completion on Manhattan’s Upper West Side

Work is finishing up on West End Labs at 125 West End Avenue, an eight-story commercial building on Manhattan’s Upper West Side. Designed by Taconic Partners, Jaros, Baum & Bolles (JB&B), and Perkins+Will and developed by Taconic and Nuveen Real Estate, the project involves the full re-cladding of the structure’s exterior and conversion of its 400,000 square feet of interiors into a life sciences and research laboratory. CBRE is leading marketing and leasing and JRM Construction Management is the general contractor for the property, which is located at the corner of West 66th Street and West End Avenue, a short walk from Riverside Park South.

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425 Park Avenue. Rendering by Dbox, courtesy of Foster + Partners

YIMBY Scopes Views From Foster + Partners’ 425 Park Avenue in Midtown East, Manhattan

YIMBY toured 425 Park Avenue, a completed 47-story commercial skyscraper in Midtown East and the first new full-block building constructed along Park Avenue’s Plaza District in nearly half a century. Designed by Lord Norman Foster of Foster + Partners and developed by L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 897-foot-tall tower yields 667,000 square feet of flexible Class A office space with panoramic views up and down Park Avenue and over Midtown, Manhattan. Adamson Associates Architects was the architect of record, WSP was the structural and MEP engineer, R&R Scaffolding provided the BMU, and Tishman Construction was the construction manager for the property, which is located between East 55th and East 56th Streets.

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